Alliant Energy (NASDAQ:LNT) Updates FY 2025 Earnings Guidance

Alliant Energy (NASDAQ:LNT) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.150-3.250 for the period, compared to the consensus earnings per share estimate of 3.260. The company issued revenue guidance of -. Alliant Energy also updated its FY 2024 guidance to 2.990-3.060 EPS.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. LADENBURG THALM/SH SH upgraded shares of Alliant Energy from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $50.00 to $62.50 in a research note on Tuesday, August 13th. Wells Fargo & Company lifted their target price on shares of Alliant Energy from $62.00 to $66.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. BMO Capital Markets lifted their target price on shares of Alliant Energy from $58.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 6th. Bank of America lifted their target price on shares of Alliant Energy from $62.00 to $63.00 and gave the stock a “buy” rating in a research note on Thursday, August 29th. Finally, Scotiabank lifted their target price on shares of Alliant Energy from $58.00 to $64.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 20th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Alliant Energy currently has an average rating of “Hold” and a consensus target price of $63.28.

Alliant Energy Price Performance

NASDAQ:LNT traded down $2.26 during mid-day trading on Friday, hitting $57.74. 3,222,744 shares of the stock traded hands, compared to its average volume of 1,392,841. The business’s 50-day moving average price is $59.89 and its 200 day moving average price is $55.10. The company has a market cap of $14.81 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 2.88 and a beta of 0.58. Alliant Energy has a 12-month low of $46.80 and a 12-month high of $62.49. The company has a quick ratio of 0.48, a current ratio of 0.65 and a debt-to-equity ratio of 1.31.

Alliant Energy (NASDAQ:LNT) last issued its quarterly earnings data on Thursday, October 31st. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.10 by $0.05. Alliant Energy had a net margin of 16.66% and a return on equity of 10.62%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the company earned $1.05 earnings per share. Alliant Energy’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts expect that Alliant Energy will post 3.05 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a $0.48 dividend. The ex-dividend date is Thursday, October 31st. This represents a $1.92 dividend on an annualized basis and a yield of 3.33%. Alliant Energy’s dividend payout ratio is presently 74.42%.

Alliant Energy Company Profile

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.